The Surf Report

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Quote from jack hershey:


Your expectations by being here and for accomplishing giving some help are rather high. The connection you have, if any, is one where what you do may be a threat more than an aid for understanding markets and trading.

for anyone who is successful it is a common desire to understand the success of others. Building on success is a common theme for people who can recognize the possibilities of this modus.

At some point, you can see in different people a definite reluctance to continue to grow. where a person is unsuccessful it may be seen that there are sequences of attitude and behavior that follow well trodden paths.

i am glad you are ending your efforts here.
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Excellent post.
 
Quote from Thunderdog:

OK, surfer, how about this. It's your journal, so let's have it. How much are you up or down for the year? I don't care about dollar amounts because that is no one's business but your own. However, if you are going to parade a trading journal, then it is only fair and fitting to your audience that you share with them your overall results in percentage terms, together with your largest percentage drawdown for the year to date. That would provide some overall perspective, which would place your performance and the value of your calls in proper context. Wouldn't you agree?
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The Self Promoter - It's easy to find the Self-Promoters. By their very nature, they're in your face hawking their wares, lauding their recent market calls, and promising easy trading success. Open any trading magazine and you'll see their well-coiffed, grinning idiot faces leering at you, usually as part of a trading "event" that just happens to be selling all their products. The key to recognizing Self-Promoters is that they promote themselves, not ideas or methods.
 
Quote from Thunderdog:

But what, then, is the point of the generalities that you do choose to provide?
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Since there are no specifics whatsoever, the point must surely be to create a fictional trading "record" for a fictional "market authority" or "stock picking authority" called "Marketsurfer".

Now why would anybody strive to do that? Probably to be able to point later to a "record of calls made" which is "there for all to see"- of course unverifiable- and get offered money to manage because of the "reputation" of that fictional authority. Or to promote a website. At least these are the only points that I can see. Hence also the threatened attitude that Jack picked up,,,
 
Quote from Thunderdog:

But what, then, is the point of the generalities that you do choose to provide?
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as a reader, whatever value you place on what you read.

if you don't enjoy the surf report, don't read it.

however, as is known, you are an avid reader of the report.

regards,

surfer
 
Quote from Thunderdog:

OK, surfer, how about this. It's your journal, so let's have it. How much are you up or down for the year? I don't care about dollar amounts because that is no one's business but your own. However, if you are going to parade a trading journal, then it is only fair and fitting to your audience that you share with them your overall results in percentage terms, together with your largest percentage drawdown for the year to date. That would provide some overall perspective, which would place your performance and the value of your calls in proper context. Wouldn't you agree?
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Thats a valid request if you are willing to do the same. The fact remains that surfer is not trying to solicit business, solicit money, solicit students, solicit period with this journal unlike some other people on ET so why are his numbers relevant to you ? If he revealed them, would you believe him? , or would you question them just like you do Larry's ?
 
Quote from marketsurfer:

we are holding the YM shorts overnight into the NYSE open tomorrow.

regards,

surfer
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2nd, 3rd, 15th, 30th time is a charm right surf ?


:p


"It's not about how hard you hit, it's about how hard you can get hit and keep moving forward"
 
Quote from Vienna:

Since there are no specifics whatsoever, the point must surely be to create a fictional trading "record" for a fictional "market authority" or "stock picking authority" called "Marketsurfer".

Now why would anybody strive to do that? Probably to be able to point later to a "record of calls made" which is "there for all to see"- of course unverifiable- and get offered money to manage because of the "reputation" of that fictional authority. Or to promote a website. At least these are the only points that I can see. Hence also the threatened attitude that Jack picked up,,,
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why do i produce the surf report? why does anyone write about anything? i enjoy writing and interacting with fellow traders, the report keeps me focused at the task, it enables me to keep a record of my thoughts and the thoughts of others at a particular market juncture, not to mention its fun for me. in fact, as soon as it ceases being fun, thats the end of the report. plus i hope to help others with my meager knowledge, contacts and ability developed over the years.

regarding specifics---every entry level is provided--generally prior to the entry--and exit timing is attempted as near to real time as possible. recently, i have been lax in the exacting nature of the report due to other projects--- however this last trade for instance was recorded practically instanteously after executing on elite--see spydertrader for verification.

i can just do what i can do, there are many other journals on elite if this one does not fit your perception.

regards,

surfer
 
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